Faculty

 
 
Dr. Richard Bee
Jolien Helsel
Dr. Ou Hu
Dr. Tomi Ovaska
Dr. Joseph Palardy
Dr. Dennis Petruska
Dr. Tod Porter (Chair)
Dr. Albert Sumell
Dr. Teresa Riley
Dr. Yogesh Uppal
Dr. Ebenge Usip
Dr. Yaqin Wang

Bee, Richard (Professor Emeritus)
Kent State University- D.B.A.
Penn State University- M.A.
Penn State University- BS in BA.
330.941.1677
rhbee@cc.ysu.edu

Fields of Study:
Applied Macroeconomics
Economics of Education
Time Series

Recent Publications:
"A Comparison Between College Faculty Users and Non-Users of an Academic Home Page," The College Student Journal, (34) (2); 271-280, 2000.

"Asian Financial Crisis and Its Impact on Selected Asian Economies," co-authored with Dr. Yih-Wu Liu, presented at the American Society of Business and Behavioral Sciences National Conference, Las Vegas, NV, February, 2000.

"To Use or Not to Use a Web Page," co-authored with Dr. Yih-Wu Liu, presented at the American Society of Business and Behavioral Sciences National Conference, Las Vegas, NV, February, 2000.


Helsel, Jolien A.
Youngstown State University - M.A.
Youngstown State University - A.B.
330.941.2048
jahelsel@cc.ysu.edu
http://jhelsel.pageout.net

Fields of Study:
Regional Economics
Geographic Information Science
Geostatistics Operations Management      

Current Research:
Manufacturing and economic growth; Kriging

Conference Presentations and Proceedings:
Helsel, Jolien A., "Does Manufacturing Matter?  Kaldor's Laws Revisited," Proceedings of the Decision Sciences Institute 35th Annual Meeting, Boston, Massachusetts, November 2004.

Helsel, Jolien A., and Marvin D. Troutt, "Geostatistics and Kriging:  A primer for decision sciences," Proceedings of the Decision Sciences Institute 35th Annual Meeting, Boston, Massachusetts, November 2004.

Helsel, Jolien A., "An Application of Spatial Statistical Techniques to International Business," presented at the International Academy of Business Disciplines 16th Annual Conference, Economics Track, San Antonio, TX, March 2004.

Kim, Hyun Joong, Jolien A. Helsel, and Jay Lee, "Spatial Dynamic of US Manufacturing Activities in 1997," presented at the Association of American Geographers (AAG) 100th Annual Meeting, Economics and Planning Session, Philadelphia, PA, March 2004.


Hu, Ou
West Virginia University - Ph.D.
West Virginia University - M.A.
Beijing Technology and Business University - B.A.
330.941.2061
ohu@ysu.edu
www.as.ysu.edu/~ohu

Fields of Study:
International Economics
Financial EconomicsCurrent Research:
Asset Pricing, International risk sharing, Predictability of equity market (Market efficiency)

Submissions for Publication:
Hu, Ou (2004), "Applicability of the Fama-French three-factor model and the CAPM in estimating portfolio returns", under revision at the Journal of Financial Research.

Chow, K. Victor, and Ou Hu (2004), "Marginal Conditional Stochastic Dominance: testing for market efficiency and anomalies", submitted to the Journal of Finance.

Chow, K. Victor, and Ou Hu (2004), "Marginal Conditional Stochastic Dominance between value and growth", submitted to the Review of Quantitative finance and accounting.

Working papers:
Hu, Ou (2004), "Common and country-specific components in international stock prices"
Balvers, J.R. and Ou Hu (2004), "Pricing permanent and transitory betas"



Ovaska, Tomi
West Virginia University - Ph.D. (Econ.)
West Virginia University - M.A. (Econ.)
University of Jyväskylä Finland - M.A. (Pol. Sci.)
330.941.3434
tpovaska@ysu.edu
www.as.ysu.edu/~tpovaska/

Fields of Study:
International Trade
Public Economics
Comparative Economic Systems

Recent Publications:
"The Fatal Complexity of Foreign Aid - The System of Development Aid Compared to Centrally Planned Economies." Monograph # 41 (Fall 2006). The Free Market Foundation of Southern Africa, Johannesburg, South Africa.

"Economic Policy and the Level of Self-Perceived Well-Being: An International Comparison." With Ryo Takashima. Journal of Socio-Economics, Vol. 35 (2006): 308-325.

"Entrepreneurship in Post-Socialist Economies." With Russell Sobel. Journal of Private Enterprise, Vol. XXI, No. 1 (Fall 2005): 8-28.

"The Failure of Foreign Aid." Cato Journal, Vol. 23, No. 2 (Fall 2003): 175-188.

Current Research:
Studies on Happiness
The Distribution Modes of Foreign Aid
Economic Development in Transition Economies



Palardy, Joseph
West Virginia University - Ph.D.
West Virginia University - M.A.
Frostburg State University - B.A.
330.941.3430
jpalardy@ysu.edu
www.cc.ysu.edu/~jpalardy/

Fields of Study:

Time Series Analysis
Open Economy Macroeconomics

Current Research:

International Real Business Cycle Models and Outliers in Time Series Data

Submissions for Publication:
Palardy, Joseph and Jon Vilasuso (2001), "Forecasting Heavy-Tailed Random Variables Using Robust Estimation", submitted to Journal of Forecasting.

McPherson, Matthew; Palardy, Joseph & Jon Vilasuso (2003), "Are International Stock Returns Predictable?", revise and resubmit Journal of Economics and Business.

Working Papers:
Palardy, Joseph (2002), "Autoregressive Lag Selection Criteria and Random Contamination Models"
Palardy, Joseph (2003), "International Real Business Cycle Models, Habit Formation, and Decisions before Shock"


Petruska, Dennis
Ohio State University- Ph.D.
Ohio State University- M.A.
University of Pittsburgh- B.A.
330.941.1679
dapetruska@ysu.edu

Fields of Study:
Monetary Economics
Applied Macroeconomics
Financial Markets

Current Research:
Applied Macroeconomics
Financial Markets

Publications:
"Primers from Professors ECONOMICS REDUX: Deflation Would Bring its Own Set of Problems", The Business Journal, MidAugust 2003.

"Assessing Uncertainty on Federal Reserve Behavior", submitted to The Journal of Economics during the Spring 2003 and is currently under revision.

"Does the Fed Use Contrarian Methods to Enhance Its Credibility?", The Journal of Economics, 15, Spring 1999, 3 - 46.

"The Empirical Relationship between Real Output, Potential Output, and Policy Variables", The Journal of Economics, 12, Spring 1996, 57-62.

"Do Announced Monetary Targets Enhance Federal Reserve Credibility?", The Journal of Economics, Spring 1995, 11, 1-9. 

"A Comparison of the Time-Series Properties of Two of the Federal Reserve System's Approximations of Potential Output", The Ohio Journal of Economics and Politics, Fall 1995, 9, 1-8. 


Porter, Tod (Chair)
Syracuse University- Ph.D.
Syracuse University- M.A.
Syracuse University- B.A.
Monroe Community College- A.S.
330.941.3431
tsporter@ysu.edu
http://www.as.ysu.edu/~tsporter/

Fields of Study
:
Labor Economics
Public Finance
Computer-Aided Instruction

Recent Publications:
Porter, Tod S. and Kriss Schueller. 2005. MarketSim (software). Cincinnati: Thompson Learning, South-Western College.

Porter, Tod S., Teresa M. Riley, Rochelle L. Ruffer. 2004. A Review of the Use of Simulations in Teaching Economics.  Social Science Computer Review.  22(4), 426-443.

Wagner, G. and Porter, T. 2000. "Location Effects of School Districts in the Determination of Beginning Teacher Salaries: Evidence from Ohio." Education Economics. 8(2): 109-127.

Grants:
Porter, T. (Principal Investigator), Schueller, K., Riley, T. Ruffer, R. and Usip, E. "Teaching Microeconomic Principles through a Simulated Economy on the Internet". National Science Foundation Educational Materials Grant #0127362. Funded June 2002 for $75,000.

Recent Presentations:
Poster in a workshop sponsored by the Committee on Economic Education on funding for projects to advance the teaching and learning of economics. "Teaching Microeconomic Principles through a Simulated Economy on the Internet". American Economic Association Meetings. Washington, DC, January 2003. 

"A Barter-Based Simulation for Teaching Economics," American Economics Association Meetings, Atlanta, January 2002.



Sumell, Albert
Georgia State University ? Ph.D.
Georgia State University ? M.A.
Salisbury State University ? B.A.
(330)941-1678
ajsumell@ysu.edu
http://www.as.ysu.edu/~ajsumell/

Fields of Study:
Urban & Regional Economics
Environmental & Resource Economics 
Economics of Science

Publications:

"Who"s Patenting in the University? Evidence from the Survey of Doctorate Recipients" (with Paula Stephan, Shiferaw Gurmu, and Grant Black).  Economics of Innovation and New Technology, forthcoming.

"Firm Placements of New Ph.D.s:  Implications for Knowledge Transfer," (with Paula Stephan, Grant Black, and James Adams). In The Role of Labour Mobility and Informal Networks for Knowledge Transfer, edited by Dirk Fornahl, C. Zellner and D.B. Audretsch. Spring Verlag. New York. pp. 125-146. September 2004.

"Doctoral Education and Economic Development:  The Flow of New Ph.D.s to Industry" (with Paula Stephan, Grant Black, and James Adams), Economic Development Quarterly, v. 18. n. 2. pp. 151-167 May 2004.

Current Research:

"The Role of Amenities in the Location Decisions of PhD Recipients in Science and Engineering"

"Capturing Knowledge:  The Location Decisions of New PhDs Working in Industry"


Riley, Teresa
Director of the Youngstown Satellite Center for Economic Education.
Syracuse University - Ph.D.
Syracuse University - M.A.
Wittenburg University - B.A.
330.941.1675
triley@ysu.edu
http://www.cc.ysu.edu/~triley/

Fields of Study
:
Labor Economics
Health Care Financing
Economic Education K-12

Current Research:
1. Participating in a NSF grant to teach Principles of Microeconomics using a computer simulated economy.
2. Working with local school districts to find strategies to better integrate the economic content standards into K-12 curriculum.

Recent Publications:
Riley, Teresa M. 2005. MarketSim, Instructor"s Manual. Cincinnati: Thompson Learning, South-Western College. pp. 138.

Porter, Tod S., Teresa M. Riley, Rochelle L. Ruffer. 2004. A Review of the Use of Simulations in Teaching Economics.  Social Science Computer Review.  22(4), 426-443.



Uppal, Yogesh
University of California, Irvine - Ph.D.
Delhi School of Economics, University of Delhi - M.A.
University of Delhi - B.A.
330.941.3494
yuppal@ysu.edu
www.as.ysu.edu/~yuppal

Fields of Study:
Applied Econometrics
Applied Microeconomics
Political Economy
Public Economics
International Trade
 
Current Research:
Uppal, Yogesh (2005), "The Disadvantaged Incumbents: Estimating Incumbency Effects in Indian State Legislatures"
Uppal, Yogesh (2005), "Estimation of the Incumbency Effects in the US State Legislatures: A Quasi-Experimental Approach"
Uppal, Yogesh (2006), "Preferential Trading Areas: Welfare Effects in Presence of Multinational Enterprises"
 



Usip, Ebenge
University of Connecticut - Ph.D.
S.U.N.Y. at Albany - M.A.
S.U.N.Y. at Albany - B.S.
330.941.1682
eeusip@ysu.edu
http://www.cc.ysu.edu/~eeusip/

Fields of Study:
Econometrics
Time Series Analysis & Forecasting
Mathematical Economics

Current Research:
Web-Based Instruction


Wang, Yaqin
University of Kansas - Ph.D.
Beijing Technology and Business University - B.A.
330.941.3433
ywang@ysu.edu
http://www.cc.ysu.edu/~ywang/

Fields of Study:
Financial Economics
Future Markets
Behavioral Economics

Current Research:
Model of Uncertainty and Futures Hedging; Model of Uncertainty and Forward Premium

Publications:

Market Uncertainty and Futures Hedging, with Donald Lien, Finance Letters, forthcoming.

Futures Market Equilibrium under Knightian Uncertainty, with Donald Lien, Journal of Futures Markets, 23(2003): 701-718.

Disappointment Aversion Equilibrium in Futures Markets, with Donald Lien, Journal of Futures Markets, 23(2003): 135-150.

Risk Aversion, Disappointment Aversion and Futures Hedging, with Donald Lien, Journal of Futures Markets, 22(2002): 123-141.
 


Retired Faculty
Yih-Wu Liu ywliu@yahoo.com
Jagdish Mehra jcmehra@cc.ysu.edu
Donald Milley djmilley@cc.ysu.edu
Clyde Morris cdmorris@cc.ysu.edu
Anthony Stocks ahs193226@aol.com

 

 
   
 

 

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